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Business News

Location American Business News for 13 December 2017

Meet the billionaires betting on civilian space travel

Business Insider - 13 Dec 2017 04:45
Meet the billionaires betting on civilian space travel The space race is being ran by plenty of the world's most famous billionaires including Elon Musk, Jeff Bezos, Bill Gates and more. Musk announced a bold new mission for SpaceX during 2018. Two unnamed passengers will be...
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Home Builders: Keep Your Powder Dry

Barron's - 13 Dec 2017 22:51
Home Builders: Keep Your Powder Dry The sector has soared and now looks a bit tired. There may be another boom ahead.
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A Red Hot U.S. Steel Trade

Barron's - 13 Dec 2017 21:02
A Red Hot U.S. Steel Trade The steel maker's stock is set to rally on a government ruling in February.
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Scientists have turned an ancient philosophy into a recipe for confidence that works Chris Hondros/Getty Images Principles of Stoicism — an ancient philosophy — can be found in the modern psychology treatment Cognitive Behavioral Therapy — or, 'CBT.' CBT is built on the core idea that people don't ...
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20 Best ETFs From 5 Categories: Morningstar, 2017

ThinkAdvisor - 13 Dec 2017 21:16
ThinkAdvisor highlighted only the gold-rated ETFs, 20 in all, which were spread out over five categories.
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House lawmakers move to ease loan officer licensing rules

American Banker - 13 Dec 2017 20:08
The House Financial Services Committee, by a vote of 60-0, approved a bill amending key provisions of the Secure and Fair Enforcement for Mortgage Licensing Act of 2008.
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NFL Week 15 Picks: Updated Odds And Expert Predictions Against The Spread The 2017 NFL season is winding down, but there is still plenty of pigskin left to watch and bet. Get prepared for Week 15 with this comprehensive preview that includes a complete schedule and odds for every game, plus an...
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Ripple overtakes litecoin as the 4th largest cryptocurrency YouTube / Ripple Ripple, a cryptocurrency designed for banks and global money transfers, has more than doubled in price since Monday, overtaking Litecoin as the fourth-largest cryptocurrency. It now has a market cap of $...
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China holds the keys to the electric car revolution (TSLA)

Business Insider - 13 Dec 2017 04:46
China holds the keys to the electric car revolution (TSLA) Miles Willis / Stringer In the third quarter, global sales of electric vehicles (EVs) soared 63 percent compared to the same period last year. Looking ahead to 2040, China is forecast to capture more than 40 percent of t...
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Australia's central bank governor calls Bitcoin a 'speculative mania' Jeff J Mitchell / Getty Images Australia’s central bank has no plans to issue digitised Australian dollars based on blockchain technology anytime soon, RBA Governor Philip Lowe says. In a speech this morning titled “...
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Will Trump's Corporate Tax Cuts Send Ripples Through Asia? The United States is looking to slash its corporate tax rate from 35% to 20%. How will Asian economies react?
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These 10 U.S. Seaports' Exports Are Growing The Most This Year, And Here's Why A closer look at the 10 U.S. seaports with the greatest increase in the value of their exports this year, including the top five exports from each and the year-over-year gain. Four are in Texas, four in Louisiana -- and ...
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Apple's Shazam deal is a sneak attack to hit Spotify where it hurts (AAPL, GOOG) REUTERS/Lucy Nicholson Apple bought Shazam for $400 million, which makes it one of the company's largest acquisitions in years. Shazam makes the most sense inside Apple's music division, which falls under SVP Eddy Cue. A...
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U.S. SEC Stops 'Munching' Munchee's ICO After Reg Concerns Raised As the U.S. Securities and Exchange Commission (SEC) halts an initial coin offering (ICO) in San Francisco-based Munchee Inc., a blockchain-based food review service that sought to raise $15 million, SEC Chairman Clayton...
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How Tim Ferriss Gets 100X (And Sometimes Even 1,000X) Returns On His Investments That one statement should be plastered on every person's wall who seeks a successful life. If you haven't already done so, please re-read that statement 10 times. Memorize it. Drill it deep into your psyche.
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WATCH: Experts warn of delays in holiday shipping UPS and other major shipping companies have already experienced delays after blockbuster Cyber Monday sales and online holiday sales are expected to top $100 billion for the first-time ever.
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(Reuters) - Wall Street indexes advanced on Wednesday as technology stocks gained and traders took positions, overlooking concerns of benign inflation ahead of a likely interest rate hike by the Federal Reserve later in ...
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Mastercard launches money management tools for millennials (MA) BI Intelligence This story was delivered to BI Intelligence "Payments Briefing" subscribers. To learn more and subscribe, please click here. MastercardlaunchedAssemble, a platform for issuers and partners that gives cust...
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Tech stocks lead U.S. indexes higher

L.A. Times - 13 Dec 2017 17:05
Tech stocks lead U.S. indexes higher Stocks are opening higher on Wall Street as technology companies post solid gains. Hard drive maker Western Digital gained 3% after it resolved a dispute with its partner Toshiba over Toshiba's plan to sell its flash mem...
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Spirit Airlines Inc. says CEO Robert Fornaro will step down in January 2019 and be replaced by the company's current chief financial officer, Ted Christie. Spirit announced Wednesday that Christie …
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Why I Paid Someone $100,000 To Help Them You read that correctly... I paid six-figures to help someone. Here's why:
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Affirm joins unicorn club after $200 million round

Business Insider - 13 Dec 2017 16:50
Affirm joins unicorn club after $200 million round BI Intelligence This story was delivered to BI Intelligence "Fintech Briefing" subscribers. To learn more and subscribe, please click here. US-based online point-of-sale (POS) financing provider Affirm has raised$200 mil...
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